Eagle Investments successfully exits investment in luxury New York residential project.

Dubai-based Eagle Proprietary Investments Limited has announced its successful exit from its debt investment in The Cobble Hill House, an upscale residential condominium development in Brooklyn, New York valued at over $75 million.

The Cobble Hill House is a new, 27-unit residential development built in the highly desirable neighbourhood featuring luxurious condominiums and amenities with views of Downtown Manhattan.

In April 2017, Eagle led the structuring of a senior secured construction loan secured against the land and building rights of the project.

No comments yet.

Leave a comment

Your email address will not be published.

×
Ahmed Mohammed Hassan

DIRECTOR - EAGLE PROPRIETARY INVESTMENTS LIMITED & EAGLE INVESTMENTS LIMITED

Ahmed is a General Manager and Finance Manager with National Industries Group Holding. Ahmed currently serves on several Boards including BI Group (UK), Porclad Group, NIC Building Materials, Kuwait Business Town, Markaz, and Iraq Holding Company. From 1982 – 1998, Ahmed was Financial Manager for NI Group. From 1977– 1979, Ahmed was a Partner and Audit Manager of Adil Al Ghanim & Partners. From 1977 – 1982, Ahmed was Financial Manager with Kuwait Asbestos Industries, a wholly owned subsidiary of NI Group. From 1970 – 1977, Ahmed was Chief Accountant with Kuwait Development and Trading Company. Ahmed holds a BA in Accounting from Shams University, Egypt.